Tahoe Resources (NYSE:TAHO) Receiving Somewhat Favorable Press Coverage, Accern Reports

News articles about Tahoe Resources (NYSE:TAHO) (TSE:THO) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tahoe Resources earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 47.3277689410001 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Several brokerages recently weighed in on TAHO. BMO Capital Markets raised Tahoe Resources from a “market perform” rating to an “outperform” rating in a report on Monday, September 11th. BidaskClub downgraded Tahoe Resources from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. ValuEngine downgraded Tahoe Resources from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Credit Suisse Group raised Tahoe Resources from a “neutral” rating to an “outperform” rating in a report on Monday, September 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $11.00.

Tahoe Resources (TAHO) traded up $0.02 during trading on Friday, reaching $4.79. The company’s stock had a trading volume of 2,158,715 shares, compared to its average volume of 2,284,270. Tahoe Resources has a 12 month low of $4.15 and a 12 month high of $11.43. The firm has a market capitalization of $1,491.94, a P/E ratio of 14.97, a P/E/G ratio of 2.89 and a beta of 0.38.

Tahoe Resources (NYSE:TAHO) (TSE:THO) last released its earnings results on Monday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Tahoe Resources had a net margin of 12.44% and a return on equity of 4.57%. The business had revenue of $155.20 million during the quarter, compared to analyst estimates of $127.12 million. During the same period last year, the business posted $0.21 EPS. Tahoe Resources’s revenue was down 33.9% compared to the same quarter last year. equities analysts anticipate that Tahoe Resources will post 0.33 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Week Herald and is owned by of Week Herald. If you are viewing this piece on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece can be accessed at https://weekherald.com/2017/12/30/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-tahoe-resources-taho-share-price.html.

Tahoe Resources Company Profile

Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.

Insider Buying and Selling by Quarter for Tahoe Resources (NYSE:TAHO)

Receive News & Ratings for Tahoe Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tahoe Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply